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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,333 | $58,311-25.7% | $81,882-47.1% | $80,959-46.5% |
| Participation rate | 32.2% | 63.5%-31.3pp | 72.4%-40.2pp | 67.7%-35.5pp |
| Annual return | 12.82% | 41.85%-29.0pp | 779.47%-766.7pp | 35.67%-22.9pp |
| Employer contribution / active EE | $866 | $2,347-63.1% | $2,916-70.3% | $2,757-68.6% |
| Participant deferral / active EE | $637 | $3,287-80.6% | $4,323-85.3% | $4,300-85.2% |
| Admin fee / account holder | $290 | $4,752-93.9% | $7,360-96.1% | $6,925-95.8% |